£343,653
This estimated value is based upon the latest sale price for the house of £215,000 on 22 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58 Beckenham Lane, Bromley, BR2 0DQ
Phone: 02036413927
Price Paid | Date |
---|---|
£215,000 | 22 Jun 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2007 the House Price Index for GREATER LONDON was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £215,000 results in an estimated price of approximately £343,653.
22 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 149.7 | 59.839 % | £215,000 | £128,653 | £343,653 |
The Postcode Pricing Model uses changes in average sales price within the BR1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 67.646 % | £145,438 | £360,438 |
3 Month Average | 101.924 % | £219,137 | £434,137 |
6 Month Average | 92.724 % | £199,357 | £414,357 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Mar 2023 | £258,314 | £254,000 | FLAT 7 WOODLANDS COURT HIGHLAND ROAD |
1 Aug 2022 | £241,128 | £240,000 | 28 BRACKEN HILL CLOSE |
18 Jul 2022 | £558,092 | £552,500 | 115 HIGHLAND ROAD |
8 Apr 2022 | £383,846 | £370,000 | 1 BRANXHOLME COURT, 16 HIGHLAND ROAD |
4 Apr 2022 | £596,518 | £575,000 | 10 BRACKEN HILL CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 23 Oct 2013. Using an estimated price of £343,654 means this house is valued at £5,369 per sq meter (£498 per sq foot).
The average size of a house on HIGHLAND ROAD is 81 sq meters (873 sq feet).